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Texas Lawyer

Cochran Law, Rosen Law Firm Hit Southwest Airlines With Securities Suit After Holiday Cancellations

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

The American Lawyer

Attorney-Client Confidentiality at Stake in Covington's Dispute With SEC? White-Collar Lawyers Weigh In

Lawyers familiar with SEC litigation say this week's action is evidence of the commission taking a harder line on securities violations that result from cyber crime.
6 minute read

The Recorder

Tesla Shareholders: San Francisco Jurors Will Give Elon Musk Fair Shake

Tesla shareholders on Wednesday opposed a request to transfer a Jan. 17 trial to Texas due to negative media attention in San Francisco about CEO Elon Musk.
4 minute read

National Law Journal

Covington Sued for Non-Compliance With Investigation Into Hack That Compromised Client Info

The firm's counsel at Gibson Dunn claims attorney client-privilege shields it from having to give the SEC details about close to 300 public company clients whose information has reportedly been compromised.
3 minute read

The Recorder

JPMorgan Securities Lawsuit Accuses Advisor of Causing Company to Lose Clients Worth $28M in Assets

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Litigation Daily

What Drove the 75% Jump in Global Settlements in Investor Lawsuits in 2022? And Will the Wave of Mega-Settlements Continue?

According to ISS Securities Class Action Services, 10 securities-related class actions settled for between $100 million and $1 billion in the U.S. last year. That more than doubled the number from 2021.
4 minute read

Corporate Counsel

SEC Dings McDonald's for Inadequate Public Disclosures After CEO's Firing

An ethics expert said Monday's settlement reflects the growing pressure companies face to be more transparent about the circumstances surrounding the ouster of a top executive.
3 minute read

New York Law Journal

Different Federal Court Approaches to Scheme Liability

A circuit split has emerged over the scope of Lorenzo's holding, which reflects a fundamental disagreement about the relationship between scheme liability and Rule 10b-5(b).
7 minute read

National Law Journal

Anticipating Uptick in Regulatory Inquiries, SEC Attorney Joins Morgan Lewis

Frederick Block served as the SEC enforcement division's supervisory trial counsel since 2012.
3 minute read

Delaware Business Court Insider

Cancer Treatment Company Hit With Securities Lawsuit Alleging Mismanagement

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

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